The Seoul city government will supply 441 "Mirinae House" units.
Mirinae House is long-term jeonse housing for newlyweds. If a child is born, the residency period is extended up to 20 years, and an opportunity is offered to purchase at below-market prices.
The city said on the 21st that it will announce recruitment for the 7th round of apartment-type Mirinae House (Long-term Jeonse Housing II) tenants through the 24th this month and accept applications Aug. 6–8 via the Seoul Housing and Urban Development Corporation (SH) website.
This round covers 441 households across 85 complexes, including Sangdo-dong and Sindaebang-dong in Dongjak District and Mia-dong in Gangbuk District. They include 91 units at Hillstate Dongjak Signature in Sangdo-dong, 17 units at Elif Mia Station, and 16 units at Boramae Station Precinct.
This year, the city will implement an installment payment plan for deposits. Tenants will first pay 70% of the deposit at move-in, with the remaining 30% deferred until move-out; the deferred portion is subject to 2.73% annual interest.
In addition, benefits for multi-child households will be expanded so that households with four children receive a discount to 60% of market levels for both the deposit and purchase price, and households with five or more children receive 50%. Previously, only the purchase price for households with three or more children was set at 80%.
Eligible applicants are newlyweds within seven years of their marriage registration or engaged couples who can prove their marriage before the move-in date, and neither spouse must have owned dwellings within five years as of the announcement date.